Affordable Care Act: Not Just for Large Employers

Many people think that The Affordable Care Act, Obamacare, is for large employers only. HRInsights is here to tell you that that notion is not entirely true. All part-time worker hours, regardless of number of bodies working, in one month divided by 120 (30 hours every 4 weeks) is equal to the number of full-time equivalents (FTE’s) in your organization. If you have at least 50 full-time employees and/or FTE’s in your organization, pay attention to the chart below. If you have less than 50 full-time employees and/or FTE’s but already provide health benefits, you could be eligible for tax credits.

What we’re really trying to say is … read the chart below (click to enlarge).